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The traditional way of video streaming is gone!
A team managed by
Antonio Jacobs Adrian WernerSteven Marris
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TABLE OF CONTENTS
INTRODUCTION
SUMMARY & OVERVIEW
MONVID’S MISSION
MONVID’S PLATFORM
THE PROBLEMS IN THE MARKET
COMPETITORS
TECHNOLOGY
MARKETING
CROWDFUNDING
THE MAIN INFORMATION
THE MVID TOKEN
TOKEN SUPPLY
TOKEN PRICE & BONUSES
MONVID’S TEAM
CONCLUSION
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INTRODUCTIONMONVID PLATFORM & TOKEN SALE
This document is not an offer of securities or a collective
investment scheme. The purpose of this white paper is to
share information about the proposed establishment and
operation of the monvid platform, which is a paid content
video streaming platform and a adverb-free, and a proxied
video streaming platform. The platform allows all type of
members to watch videos and movies without any restriction
in every country without having access to any extra
infrastructure and banking access. The platform will work with
help of cryptocurrencies, the decentralized money transfers
with the monvid token called (“MVID”) to reward the users
and content owners.
The information below may not be exhaustive and does not
imply any elements of a contractual relationship. The white
paper is not an offer or invitation to any person to subscribe
for or purchase shares, rights or any other securities of
monvid or any affiliated entity.
Contributors are advised to read this document carefully and
to perform due diligence.
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SUMMARY & OVERVIEW
If you are a fan of videos, films, series or watching television in
general than you know how expensive subscriptions are and
how frustrating it can be when you travel and then found out
that the country has placed some kind of restrictions on the
content and you cannot view nor do anything about it. This is
the predicaments of most people because even with VPN
connections, you still can’t bypass these restrictions and this
was what prompted the founders of Monvid to create the
platform.
The monvid platform is a decentralized community network
which uses the blockchain technology to cut-pass restrictions,
filters, and censorship to deliver a video streaming service
platform that is easy to use and advert free. The founders
wanted to give people the experience of watching their
favorite videos without any restrictions irrespective of where
they are. Their vision was to use the blockchain technology.
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MONVID’S MISSION
Our mission is to launch the monvid’s platform with- a
decentralized and proxied video and TV streaming to bypass
all restrictions and censorships around the world.
“Due to the blockchain technology and the fact that it is
decentralized enable Monvid to provide its users with services
that are better than what they are already getting.“ says
Antonio Jacobs CEO of monvid.
We at monvid understand all the problems and issues one can
have in a lot of countries for watching their TV-Programs,
Movies and Videos just because the county has a lot of
censorships or the TV-providers do not support the country
for showing the contents in. This is why this project has
started.
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MONVID’S PLATFORM
The platform is going to be developed to function in two
different ways.
Peer-to-Peer Video Sharing
This functionality will allow content owners and video
creator to share their videos for everyone to see for free
without any fees and this video can then be rewarded by the
community members.
Whenever a user watches a creator video and would like
to support their work, they can reward the creator with some
MVID. The owners usually will get these rewards at no
additional or hidden cost. These rewards may depend on the
quality of the creator’s videos and the streaming quality that
the community members got.
This type of streaming is transparent, flexible and private.
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MONVID’S PLATFORM
Proxy Video Streaming
Monvid platform allows users to be able to bypass any
restrictions that would have hindered it from streaming
videos on the normal centralized platform.
Due to its decentralized nature, the user can create a
bridge between the platform and themselves using their
computer from wherever they are.
In simpler terms, if a user is one country and the creator
is another country and the user wants to stream the creators
content but due to some restrictions cannot in the regular
streaming app with Monvid all those restrictions can be easily
bypassed and the video streamed. The user is still safe as the
platform only accept stream packets.
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PROBLEMS IN THE MARKET
One of the main questions everytime will be asked once a new
project is started is to see what problems we currently have in
our market and why is one project useful!
The demographics of the world is changing
Film producers and film sales agents sell films to local
distributors for distribution in their country or territory. For
most films, there is little or no incentive to sell a film in
underdeveloped countries. This is because of the high risk –
low reward which these countries offer.
There is a high risk of piracy than in developed countries,
and there is uncertainty about the legal position in case of a
breach of contract, nonpayment of revenue shares, etc. In
2006 the share of the global population registered as living in
a less developed country was 61%.
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PROBLEMS IN THE MARKET
The need for better hardware and faster internet is growing
The competition between the existing main Video on
Demand market players has meant that there has been a
general upward trend in the picture quality of the movies
which are streamed on these platforms. From an SD quality to
HD and now UHD, the hardware and internet connection
speed necessary to access the films now and in the future
makes it increasingly inaccessible for non-developed country
users. For most smartphone users, even SD quality is more
than enough to ensure an excellent visual experience.
Therefore, a lower data size and internet speed would
provide an equally enjoyable experience.
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PROBLEMS IN THE MARKET
Users do not want to pay the same to watch a popular movie
as a not-so-popular one
The pricing strategy of the leading video on demand
suppliers does not distinguish between acclaimed/high budget
and poorly reviewed/low budget movies or it does not
consider popularity.
The pricing is usually based almost entirely on how
recent a movie is. This means that all films are equally priced
between $3.00 and $6.00 US dollars for rental and from
$10.00 to $15.00 US dollars for purchase.
If we exclude all kind of promotions, they mostly have
the same price tier structure. The issue with this pricing
structure is that it often makes legal Video on Demand less
appealing even in Western countries and since there is no
option to choose a lower than SD quality, the cost to transfer
the content is equally too high.
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PROBLEMS IN THE MARKET
Many possible users do not have banking access or credit
cards
An estimated 2 billion working-age adults globally do not
use formal banking services nor have access to a credit card.
Traditional video on demand players will only accept
payments via credit card, PayPal or gift cards. Many
consumers on a cash-only life have no other options than to
buy or download pirated movies. Being able to offer payment
by cryptocurrency means that this group of consumers will be
able to top up their digital wallets and access content legally
safely.
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COMPETITORS
There are some of strong competitors in the same market
monvid is going to join.
● Netflix/Maxdome
● Youtube/Vimeo
● Amazon Prime
● Sky
How is it possible to compete with such strong competitors?
In a typical underdeveloped country, a large part of the
population will not have access to a traditional bank account
or a credit card. Their typical smartphone or tablet will not be
from Apple and some of our competitors have a limited
geographical reach and/or a very limited selection of films.
In fact, we have also seen a transition from some major
competitors towards producing more and more own content
and limiting the selection of other films on their platforms.
We believe the freedom of video and movie streaming is
the key of success, which other competitors are not providing
this.
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COMPETITORS
Below are some of the services that make Monvid different.
● Privacy — the blockchain technology which Monvid is
based on will ensure that every content creator and
user’s personal information is safe and secured. Its
decentralized nature ensures that there are no any
central servers or companies that control anything on the
platform, which means information is stored only on the
blockchain and are usually encrypted.
● Cost efficiency — Monvid distributed and decentralized
network allows content creators to share their resources
with the community members free and the users stream
these content for a lot less than what is been charged.
Unlike the centralized platform that is around now where
users have to pay a subscription fee and usually don’t
have any say in how much they pay. With Monvid,
content creators control the costs of their videos
themselves and the community members’ reward and
rate them based on the quality.
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COMPETITORS
● No Advertisements — Monvid aim to give its viewers the
abilities to stream videos online on the platform without
any advertisements cutting in or disrupting the whole
experience.
● Ownership of content by the producers — on the Monvid
platform, the content creator has sole ownership of their
content. They have the power to control it and cost it the
way they want, unlike the traditional online video
streaming platform where the content creator does not
have any power over their content after it has been
uploaded in the platform.
● Encrypted data transfer — data transfer on the Monvid
platform are encrypted and untraceable providing extra
security to users and content creators.
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TECHNOLOGY
The developers and the team of monvid is focusing on the
new technologies, which makes the platform possible to
deliver the contents easily in underdeveloped countries and
other countries. The main technology we are going to use is
the decentralized blockchain technology.
With this technology, the platform intends to store packets of
the contents of the blockchain which is highly encrypted and
can’t be controlled by any agency or government. The
application will be decentralized and the contents will be
stored on more than one server, so instead of being served by
one central server, the user gets served by the nearest server
close to them, thereby enabling them to bypass all restrictions
and censorships with ease.
The internet speed is not the same in all countries. If we take
a look at an underdeveloped country we can see there are
issues with the internet speed and not everyone in that
country can access platforms like youtube or netflix easily
from inside the country because the main server of those
platforms are outside of the country and this is making a huge
difference in the latency.
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TECHNOLOGY
What we are going to do is building an internal CDN service on
the blockchain network where people can join and host videos
and movies to give a better possibility of serving contents to
such countries. This is also allowing people in the community
to earn extra money for hosting the nodes of platform.
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MARKETING
The selected markets for the platform consist of users with a
high percentage of access to social media. We envisage that
our message will primarily go out via social media as well as
through local partnerships in each market. We intend to be
present on all current social media platforms, including
YouTube and we will use referral campaigns as well as other
social media-driven campaign tools.
The decentralized and proxied content in monvid will be
available on the platform side by side. Our ambitions for both
markets are equally high, and there will be natural
cooperation between the two which will benefit our market
share positively.
We will search for and introduce monvid Ambassadors in
every country as well as internationally to support and
represent the educational initiatives of the monvid Platform
as well as the Charitable trust.
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CROWDFUNDINGMAIN INFORMATION
Monvid is seeking funding between a soft cap of $500.000
and a hard cap of $5.000.000. The tokens will be compliant
with the stable ERC-20 standard and can be held in most
common digital wallets. ERC stands for Ethereum Request for
Comments.
There are newer versions of ERC like ERC-223 and ERC-721 but
monvid decided to not use them because of some of
disadvantages and risks with those newer versions.
● ERC-223 is a proposal right now, not a standard.
Therefore, there are none of the high-profile ICO tokens
deployed with this standard. Also it is not yet
implemented in any production tokens.
● Exchanges might need to do some modifications in order
to support such token. There is options that some of the
exchanges might not be prepared for it yet.
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CROWDFUNDINGTHE MVID TOKEN
With the creation of the MVID Token we are taking a step
towards fulfilling our mission but also to leading the
International Film Business further into using and accepting
virtual currencies.
Users of monvid will be able to take advantage of a
discounted payment for content by using MVID Tokens. Other
alternative leading virtual currencies can also be used as
payment on the Platform.
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CROWDFUNDINGTOKEN SUPPLY
There are a maximum number of Tokens every can be
generated during the Token-Sale which is 200M Tokens. Only
70% of these 200M Tokens will be for the Sale and the rest are
for the team, reserved tokens and also the bounty programs
for the marketing of monvid’s Token-Sale.
All unsold tokens will be burned and no new tokens will be
ever generated after the token-sale.
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CROWDFUNDINGTOKEN PRICE & BONUS
The monvid community wants to raise money for the
actualization of this huge project through ICO (initial coin
offering) and the pre-sale of the initial coin offering will start
on the 15th of April 2018. The main-sale of the initial coin
offering is not announced yet but it would be in the second
quarter of 2018.
The MVID which is the token to be sold through the ICO is
priced at 0.00005 ETH which is equal to about $0.03 with the
current rate of ethereum and during the sale bonuses of up to
100% can be yours at the beginning of the sale which will be
ending on the 30th of April 2018.
During the Token-Sale there will be up to 100% fix bonuses
and also upto 20% bonuses for the “investments greater
than”. A full table of all current bonuses is published on our
website under https://monvid.io/ico
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Antonio Jacobs is a highly motivated entrepreneur who is the
idea founder of monvid. With having more than 5 years of
experience in IT and having an interest in making the future
life easier, he decided to build a new experienced team to
make his idea happen. After researching decentralized
applications and blockchain technology for a while, he found
that the idea could work and certainly change the future of
video streaming world.
Adrian Werner is one of the old best friends of him, who is
always ready to help and work in a team for new technologies.
With his high level of education and experience, he is going to
help the company, investors, and customers by taking down
the financial risks of the corporation and increase financial
performance of the company.
MONVID’S TEAM
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MONVID’S TEAM
Steven Morris is the other side of the team and also one of
the co-founders of monvid. Steven promises to help the team
with any technical chores and also maintain technical
strategies and manage whole IT department. He is focusing on
the success of monvid and the great video streaming project
we have on the table. With his education and experiences in
information technology, he was one of the best choices for
this position in our team.
Gabriel Sontoro, the marketing manager at monvid team is
the person who is going to generate the buzz and let you all
know what a great idea is around. He is focusing to promote
the project and increase the market for the company. With his
education at one of the best universities in Italy and his
experiences, he can do a great job for monvid and its projects.
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MONVID’S TEAM
Carlos Fuentes is responsible for developing whatever we
don’t see on the surface. He will work closely with all
developers to build a smooth and secure application, which
fits your needs.
Samir Martin, Probably he got the most challenging job in the
company. Working on Blockchain, growing list of records, and
closely working with developers for integration.
Diego Cruz, Smooth experience of watching online videos is
the result of Diego’s hard working. He knows mostly all
streaming platform on the internet and will do his best for the
best solution!
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MONVID’S TEAM
Alessandro Rossi is focusing to build a clean, modern and
useful user interface which is easy to be used on any devices
for our visitors. He makes the applications more user friendly
day to day.
Ricardo Gonti manages whatever is btw. the visitor, core
application servers, and streaming mirrors. Network flow is
the most important part of this project which is managed by
the best person!
Pablo Lopez works closely with Carlos and Alessandro to
design, develop, test, and improve our software and web
applications on a daily basis.
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CONCLUSION
Our developers and the rest of team are already working on
the main part of this huge projects and this is a great way to
show that monvid’s promises will happen in the future.
We believe that the cryptocurrency in the video streaming
market will be the next big thing, and this is why this idea and
this project is one of the most interesting projects in the
current and the future period of cryptocurrency world.
Our team is build with the most experienced members who
have a lot of knowledge in developing such application, and
this is the most important thing we rely on.
Follow us on social medias!
Twitter | Facebook | Instagram | LinkedIn | Youtube | Medium
Telegram Group
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